article thumbnail

ABC: Nonresidential Construction Adds 24,600 Jobs

Construction Superintendent Magazine

The construction industry added 39,000 jobs on net in March, according to an Associated Builders and Contractors’ analysis of data released by the U.S. On a year-over-year basis, industry employment has expanded by 270,000 jobs, an increase of 3.4%. The construction unemployment rate fell to 5.4% in February.

ABC 52
article thumbnail

2024 Construction Workforce Shortage Tops Half Million, Says ABC

Construction Superintendent Magazine

The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors. ABC estimates that the U.S.

ABC 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Industry Insiders on Attending Post-Pandemic Events

Construction Business Owner

3 Industry Insiders on Attending Post-Pandemic Events. Matt Abeles , Vice President of Construction Technology & Innovation, Associated Builders & Contractors. During the COVID-19 pandemic, Associated Builders and Contractors (ABC) member contractors embraced the digital world to network and grow business opportunities.

article thumbnail

ABC: Construction Job Openings Decrease by 4,000

Construction Superintendent Magazine

The construction industry had 423,000 job openings on the last day of October, according to an Associated Builders and Contractors’ analysis of data from the U.S. Industry job openings decreased by 4,000 in October but are up by 25,000 from the same time last year. “The The number of economywide job openings fell to 8.7

ABC 52
article thumbnail

Nonresidential Construction Employment Increases, Says ABC

Construction Superintendent Magazine

The construction industry added 23,000 jobs on net in October, according to an Associated Builders and Contractors analysis of data released by the U.S. On a year-over-year basis, industry employment has increased by 219,000 jobs, an increase of 2.8%. The construction unemployment rate increased to 4% in October.

ABC 52
article thumbnail

Construction Job Openings at 350,000, Says ABC

Construction Superintendent Magazine

The construction industry had 350,000 job openings on the last day of August, according to an Associated Builders and Contractors analysis of data from the U.S. Industry job openings decreased by 3,000 last month but are up by 5,000 from the same time last year. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

ABC 52
article thumbnail

Construction Job Openings Rise to Highest Level Since 2022, Says ABC

Construction Superintendent Magazine

The construction industry had 459,000 job openings on the last day of November, according to an Associated Builders and Contractors analysis of data from the U.S. Industry job openings increased by 43,000 last month and are up by 111,000 from the same time last year. November’s 5.4% job opening rate is.

ABC 59